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JDA a new mode of business by small realty units

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With sharp fall of the land prices around 30 percent across the country from last couple of months has made way for small and mid sized groups to join hands together in Join Development Agreement. Earlier it was collaborated with the land owners. According to the sources of www.propertykhazana.com many skilled players of the circuit earlier has made use of this JDA with their co partners.
During the peak hours of the realty these small groups has been benefited to a great extent as it was difficult to afford such expensive piece of land by a small single body. Asshiesh Agarwaal – real estate analyst of Edelweiss Capital states that “this mode of JDA was mainly processed during those peak times when the price of the land was unaffordable for the small groups”. Since then there had been a lot of alteration in the sale rate and over all sketch of the risk of projects has been categorized under certain circumstances as per the sources of www.propertykhazana.com.
“ Here also there are some realtor who are working hard to get rid of the proposed deals completely as land rates has fall to an estimated affordable cost during last couple of months”, adds Mr. Aggarwal. As the land rates has gone down many aspiring JDA team is waiting for more cuts in the land rates so one can have the individual possession over a project. For more updates visit www.propertykhazanacom.
Source: NBTVLIVE

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